Business Incubation: University of Arizona Center For Innovation

Business Incubation: University of Arizona Center For Innovation

October 15, 2019

 

The U.S. Department of State’s Global Innovation through Science and Technology, or GIST, Initiative is excited to announce the inaugural GIST Business Incubation, a new program for entrepreneurs in emerging economies, is underway.  

About Business Incubation

The goal of the program is to support international science and technology innovators who are looking to expand their startups into the United States market. It will also provide the U.S. startup ecosystem the opportunity to forge new connections with entrepreneurs who are abroad.

The 2019 GIST Business Incubation program will provide entrepreneurs with exposure to the U.S. market and startup resources. While in residence with the program, participants will work on refining their ideas, building their business plans, and finding the right market for their product. Participating entrepreneurs will also have the opportunity to network within the startup ecosystem where they are placed. The participating startups represent a variety of sectors in the science and technology fields such as advanced engineering, HealthTech, energy, internet of things, and advanced materials.

Participating Startups

  • Contract.one - Belarus
    • Contract.One is a Saas platform for managing and executing contracts for legal and procurement departments or firms.
  • FINDBUG - Kosovo
    • They are a cybersecurity firm that offers crowd penetration testing for 300% more security on digital properties.
  • LooqMe - Ukraine
    • B2B SaaS for the communications managers to track and measure the communication campaign outcomes. We collect data from mainstream and social media, polls, google trends/search results, analyze it, provide news feed and analytics. We are developing an ML module to predict the outcomes and make recommendations. Our focus is on finding the most valuable mentions even if they are not top-rated and helping to make decisions.
  • StringersHub - Belarus
    • Stringershub is a marketplace that connects stringers - freelance videographers and eyewitnesses - and media outlets globally.

Important Dates

The startups will incubate from October 14 - November 8, then convene in Washington D.C. from November 9 -21 for additional incubation. 

The GIST Business Incubation was launched in 10 cities across the U.S. The University of Arizona Center For Innovation located in Tucson, AZ is one. 

The Arizona-based program has a plethora of programs for students and community entrepreneurs and flexible program dates with a typical incubator curriculum. They have a Global Advantage Program focused on bringing companies to Tucson—initially focused on startups but have been skewing toward established businesses as of late.  

This incubator has offered coworking space, access to local and university events, access to university resources (interns, researchers, facilities), soft-landing assistance, tailored programming, and staff time.

The UA Center for Innovation fosters technology startups, emerging and mature companies develop their ideas, inventions and next evolution of product. UA serves the University of Arizona's faculty and researchers as well as community entrepreneurs. At the UA Center for Innovation, there are facilities, services, and expertise it takes to grow your business. Participants work side by side with other technology entrepreneurs in a fast-moving, collaborative, and creative environment. 

 

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